The historical rank and industry rank for Western Alliance Bancorp's Pretax Margin % or its related term are showing as below:
MEX:WAL'
s Pretax Margin % Range Over the Past 10 Years
Min: 32.04 Med: 52.45 Max: 59.35
Current: 32.09
MEX:WAL's Pretax Margin % is ranked worse than 57.58% of 1530
companies
in the Banks industry
Industry Median: 34.715
vs MEX:WAL: 32.09
Western Alliance Bancorp (MEX:WAL) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Western Alliance Bancorp Pretax Margin % Related Terms
Western Alliance Bancorp Pretax Margin % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:WAL vs COLB, BOKF, CBSH: Pretax Margin % Comparison
For the Banks - Regional subindustry, Western Alliance Bancorp's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Western Alliance Bancorp Pretax Margin % vs Banks Industry
For the Banks industry and Financial Services sector, Western Alliance Bancorp's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Western Alliance Bancorp's Pretax Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Western Alliance Bancorp (MEX:WAL) has a Pretax Margin % of 23.08% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Western Alliance Bancorp and its competitors. This is 56% below median its historical median of 52.45. Over the past decade, Western Alliance Bancorp's Pretax Margin % has ranged from 32.04 to 59.35. According to the industry distribution chart, Western Alliance Bancorp ranks #881 out of 1530 companies in the Banks industry, placing it in the top 57.6%.
Is Western Alliance Bancorp's Pretax Margin % too high?
Western Alliance Bancorp's current Pretax Margin % of 23.08% is 56% below median its 10-year median of 52.45. Over the past 10 years, this metric has ranged from a low of 32.04 to a high of 59.35. The Banks industry median Pretax Margin % is 34.72. Western Alliance Bancorp's value of 23.08% is 33.5% below this industry median. Based on the distribution chart, Western Alliance Bancorp ranks #881 out of 1530 companies in the Banks industry, which is below the industry midpoint. Overall, Western Alliance Bancorp has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Western Alliance Bancorp's Pretax Margin % compare to COLB and BOKF?
According to the Banks industry distribution chart, Western Alliance Bancorp ranks #881 out of 1530 companies for Pretax Margin %. This places Western Alliance Bancorp in the lower half of its industry. The industry median Pretax Margin % is 34.72. Western Alliance Bancorp's value of 23.08% is 33.5% below this benchmark. Historically, Western Alliance Bancorp's own Pretax Margin % has ranged from 32.04 to 59.35 over the past decade. While the company's 10-year median is 52.45 vs. the industry median of 34.72, Western Alliance Bancorp has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Banks company?
The median Pretax Margin % among Banks companies is 34.72, based on 1,530 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Western Alliance Bancorp's current Pretax Margin % of 23.08% is 33.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Western Alliance Bancorp and its competitors. For the Banks industry, the median Pretax Margin % is 34.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Alliance Bancorp's current Pretax Margin % is 23.08%, which is 56% below median its own 10-year median of 52.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Alliance Bancorp stock overvalued right now?
Western Alliance Bancorp (MEX:WAL) has a current Pretax Margin % of 23.08%. The stock's GF Value™ is MXN876.73, compared to a current price of MXN780.30 — trading 11% below its estimated fair value. The current Pretax Margin % is 23.08%, which is 56% below median its 10-year median of 52.45 and 33.5% below the Banks industry median of 34.72. Western Alliance Bancorp's overall GF Score™ is 86/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Western Alliance Bancorp (MEX:WAL), the current Pretax Margin % is 23.08% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Western Alliance Bancorp (MEX:WAL) Overvalued in 2026?
Based on GuruFocus' analysis, Western Alliance Bancorp stock appears to be undervalued.
The current stock price of MXN780.30 is trading 11% below its estimated GF Value™ of MXN876.73.
Key valuation signals for MEX:WAL:
Pretax Margin %: 23.08% (56% below median its 10-year median of 52.45)
GF Value™: MXN876.73 vs. price of MXN780.30 (11% below fair value)
Industry Position: 33.5% below the Banks median (#881 of 1530)
No single metric tells the full story. See the MEX:WAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Western Alliance Bancorp provides a full spectrum of customized loan, deposit, and treasury management capabilities, including funds transfer and other digital payment offerings. The company's reportable segments are Commercial segment includes provides commercial banking and treasury management products and services to small and middle-market businesses, specialized banking services to sophisticated commercial institutions and investors within niche industries, as well as financial services to the real estate industry. Consumer Related segment offers both commercial banking services to enterprises in consumer-related sectors and consumer banking services, such as residential mortgage banking and Corporate & Other.
86GF Score
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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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